Russia:Russia to spend $35bn on economy plan
The Russian government is to spend at least 2.34 trillion roubles ($35bn, £23bn) to try to stave off an economic crisis, following a collapse in oil prices and the value of the rouble.(Source: BBC)

Brazil:Petrobras still faces default risk despite release, fund says
Brazilian state-run oil company Petrobras still runs the risk of being declared in default on billions of dollars of debt even after releasing its delayed third-quarter earnings before a self-imposed deadline, a New York-based hedge fund said on Wednesday. (Source: Reuters)

Greece: Three myths about Greece’s mammoth debt mountain
€317 billion ($453 billion) . Over 175pc of national output. That’s the enormous debt mountain that faces the new Greek government. It is the issue over which the country is set to clash with other countries in the eurozone. (Source: The Sydney Morning Herald)